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Tag Archives: Economy

Modi Government’s Last Budget

Making a populist push for ‘New India’ Nothing has underlined the challenge facing Indian Prime Minister Narendra Modi better than the results of three key by-elections in the western state of Rajasthan. His Bharatiya Janata Party lost two seats in the lower house of parliament and one in the state assembly to the opposition Congress party by big margins. This …

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‘America First’ policy to have direct implications for Pakistan’s economy

ISLAMABAD: The Trump administration is trumpeting a new role to play in the world with the “America First” slogan. The White House is releasing executive orders which are bound to reverse the globalisation process and domestic social-sector reforms undertaken by former president Barack Obama. The very first victim of Trump policies is the immigrants. The health care bill has extensively …

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Economy of Pakistan and The delusion of growth

The economic journey of Pakistan always has been a rollercoaster ride. The reliance upon foreign aid and remittances, along with lack of real domestic economic base, has been a constant source of uncertainty for the country’s economy. With apparently impressive growth rate, the state of economy is not as hunky-dory as it is portrayed by the authorities. Economy is not …

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Pakistan’s trade prospects in 2018

We need to make 2018 the year when we actually revive our trade with our neighbours The past few months have seen a decent uptick in Pakistan’s merchandise exports. The first five months of 2017-18 have seen exports grow by 10.5 per cent over the same period during previous fiscal year. The November 2017 monthly export data indicates a growth …

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Resilience in Pakistan’s economy

In 2017, the country’s economy remained hostage to political economy considerations and different socio-political developments “Highest GDP growth was recorded in a decade, Pakistan’s economy is flourishing; there is no problem of debt retirement” and “Economy is in bad shape, there is a need to declare financial emergency; Pakistan would require $35 billion in next 12-18 months”. Above are the …

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World Economic Outlook

By: Abdullah Shibli For 2017 and beyond The year 2017 can be chalked down as a prosperous one for the world economy. Wherever we live, we welcome the New Year, which, by all indications, we hope, will be a better year in all respects. The most common measures of economic health viz. output, inflation, employment and cost of borrowing, all …

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China-Pakistan Relations

Our Economic Prowess is the Key In the autumn of 1793, George Macartney, the leader of the first British diplomatic mission to China, met Chinese Qianlong Emperor. The envoy presented the objectives of the mission: opening of new ports for British trade, establishment of a permanent embassy, cession of a small unfortified island along China’s coast for British use, and …

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Pakistan’s Abandoned Agriculture Sector

The road to development goes through agriculture Agriculture is the lifeline of Pakistan’s economy. This sector plays a dual role in the economic development of the country as on the one hand, it produces crops to meet people’s basic needs of food while also saves huge foreign exchange by curbing imports of food items, on the other. It is a …

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Pakistan’s economic promise

THE recent oversubscription of the foreign loans sought by the Pakistan government, and the relatively favourable rates on which these were obtained, indicates that lenders seem to have shrugged off this year’s sharp (20 per cent) fall in the Pakistan Stock Exchange and concerns about widening trade and budget deficits, domestic political turmoil and threats of US sanctions. The market’s …

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Ease of Doing Business Index

How difficult is to do business in Pakistan? The World Bank has released its annual report “Doing Business 2018” that contains information on business regulations in 190 countries of the world. It measures how close each economy is to global best practices in business regulations. It has ranked Pakistan at 147th position on its Ease of Doing Business Index. In …

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